Forex Trend Analysis Report
Prepared for you on Monday, March 30, 2020.
Colombian Peso/Argentine Peso (FOREX:COPARS)
Countertrend Down (-85) - COPARS is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid COPARS?
MarketClub looks at technical strength and momentum to determine if the timing is right for COPARS.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
MarketClub’s Trade Triangles for COPARS
The long-term trend has been DOWN since Mar 10th, 2020 at 0.01701343
The intermediate-term trend has been DOWN since Mar 2nd, 2020 at 0.01761578
The short-term trend has been UP since Mar 26th, 2020 at 0.01574758
Smart Scan Analysis for COPARS
Based on our trend formula, COPARS is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).